April 28, 2015
Smartvue Corporation, a leading cloud surveillance and Internet-of-Things Video (IoTV) technology company, has secured new investment to support its rapid growth.
Smartvue Corporation announced today at Interop, a leading IT and Technology Conference, that it has secured $15 million USD in financing to support its rapid growth as one of the leading cloud video surveillance and Internet of Things Video (IoTV) platform companies. Headquartered in Nashville, Tenn., Smartvue's latest round of capital funding will be used to scale operations and systems to support new and existing customers. Smartvue Corporation secured the $15 million of financing through funds managed by affiliates of Fortress Investment Group LLC a diversified global investment firm with approximately $67.5 billion in assets under management as of December 31, 2014.